1/22 Cornelius Street, Coombs ACT 2611

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 2 • Bathrooms: 1

Description: If you've been watching the market, you know the best time to buy was yesterday. This ground-floor apartment offers a rare "best of both worlds" opportunity to lock in your future home at today's prices, while a high-quality tenant provides rental income of $530 per week until mid-January 2027. Inside, the apartment punches well above its weight. The chef-ready kitchen is loaded with Bosch and Franke appliances and flows into a sun-drenched living area and a balcony with genuine "wow" views. With a versatile second room perfect for a home office and the climate control of a Fujitsu reverse-cycle system, it's a space designed to keep high-quality tenants happy. Security and convenience are also paramount here. Located securely near the gated entrance of the complex, you'll enjoy restricted-access parking and a dedicated storage cage for your outdoor gear, and when the time comes to move in, you'll find yourself just minutes away from the best recreation the ACT has to offer. Whether it's a morning swim at the Stromlo Leisure Centre, a weekend ride through Stromlo Forest Park, or a quick commute via nearby arterial roads, this position is difficult to beat. It is rare to find a property that balances immediate financial gain with such a clear future lifestyle; you can enjoy the peace of mind that comes with a guaranteed return today, all while knowing you've secured a home base for your next chapter starting in early 2027. EER: 6.0 Unit Plan: 15695 Body Corporate: Archer Strata Body Corporate Fees: $566.42p/q (approx.) AUV 2025-2026: $8,962,000 (Unit entitlement: 0.47%) Rates: $1,905.27p/a (approx.) Land Tax: $2,213.86p/a (if rented) (approx.) Apartment size (approx.): Residence - 63m2; Balcony: 10m2 What makes this apartment solely the right fit for you: * Rare opportunity where investors can enjoy immediate returns or first home buyers can future-proof their move by letting a high-quality tenant pay down the mortgage until mid-January 2027 * Stylish ground-floor apartment with abundant natural light, clever storage, and plenty of space * Modern kitchen with a Franke electric oven, ceramic cooktop, Bosch dishwasher, and ample bench and cupboard space * Open dining and living area flowing seamlessly to the balcony with breathtaking views * Living area equipped with a Fujitsu reverse cycle air conditioner for year-round comfort * Main bedroom with full-width built-in wardrobe and ceiling fan * Flexible second room/study - ideal as a home office, guest bedroom, or media/theatre space, complete with ceiling fan * Quality-finished bathroom in a convenient location * European laundry space off the kitchen * Conveniently positioned near the complex's gated entrance * Restricted access car park with storage cage * Ideally positioned close to local shops, schools, services, arterial roads, and Stromlo Leisure Centre and Forest Park for recreation and lifestyle * Fixed-term lease in place until mid-January 2027, returning $530 per week